Programmable Robots Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026

The Programmable Robots Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Programmable Robots market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Programmable Robots market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Programmable Robots market.

The programmable robots market is expected to register a CAGR of 9.66% during the forecast period. 

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Top Leading Companies of Programmable Robots Market are - iRobot Corporation, The LEGO Group, Modular Robotics Incorporated, RoboBuilder Co. Ltd, Innovation First International Inc., SoftBank Robotics Europe SAS, Honda Motor Co. Ltd, Wowwee Group Limited (Optimal Group Inc.), Fischertechnik GmbH, SuperDroid Robots Inc. and others.

Industry News and Updates:

- Jan 2020 - Lego announced the launch of its new Spike Prime robotics kit, which was designed to introduce middle school-aged students to robotics, engineering, and coding. These kits are an upgrade and more goal-oriented, as compared to the earlier introduced Mindstorms kits.

Key Market Trends:

Increasing Adoption of Robots for Educational Purposes

- The growing popularity of activity-based learning is expected to augment market growth in this vertical. The revolution of programmable robotics has considerably changed the nature of education at all levels, starting from kindergarten schools to graduate universities, which have been integrating robotics driven courses in their curriculums.
- Many vendors are undertaking intensive R&D activities to better understand the need for robotics in the education sector. Fischertechnik introduced a learning environment to understand Industry 4.0 applications in vocational schools and training, along with understanding research, teaching, and development at universities, in companies, and in IT departments.

North America is Expected to Remain the Largest Market

- The demographics and emerging dynamics in the education sector are expected to be one of the major drivers of the market in the region. The introduction of interactive learning courses is one of the major components driving the market.
- In the US eduation sector, according to the Labor Department's projections, the universities in the country are expected to produce only 29% of the required graduates to fill 1.4 million computer specialist job openings. Such a scenario is expected to create the need for programmable robots in this sector.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Programmable Robots Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Programmable Robots Market (%),2016 - 2026
- Programmable Robots Market Share, By Brand
- Programmable Robots Market Share, By Company
- Programmable Robots Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Programmable Robots Market Value Analysis & Forecast
- Promising Programmable Robots Development by Major Companies
- Detailed Programmable Robots Portfolio of the Major Companies
- Major Deals in the Programmable Robots Market
- Major Companies Analysis

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